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Home>News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day


 China's Postal Savings Bank Taps Overseas Investors 

State-owned Postal Savings Bank of China is raising up to $7.6 billion in one of the largest-ever sales of offshore securities by a Chinese lender.

 Google Jumps Back Into Hardware With $1.1 Billion HTC Deal 

Google said it would buy part of struggling Taiwanese smartphone maker HTC for $1.1 billion in cash, as it accelerates its efforts to crack the handset market.

 Some Toys 'R' Us Debt Takes Hit From Bankruptcy Filing 

Toys "R" Us Inc.'s bankruptcy filing has sparked a rout in some of the company's debt, as investors grapple with the fallout from the unexpected move.

 Facebook to Curtail Ads Targeting Users Interested in Anti-Semitic Topics 

Facebook is adding more human reviewers to oversee its advertising system after a report showed that people could target ads at users interested in anti-Semitic and other hateful topics.

 Two California Cities Sue Oil Majors Over Climate Change 

Two Northern California cities filed separate lawsuits against five major oil companies Wednesday, asking state courts to force the companies to fund infrastructure the cities say is needed because of climate change.

 Hackers Entered Equifax Systems in March 

Hackers roamed undetected in Equifax's computer network for more than four months before its security team uncovered the massive data breach, a security firm said in a confidential note Equifax sent to some of its customers.

 Albertsons to Buy Meal-Kit Company Plated 

Albertsons Cos. is buying the Plated meal-kit service, the first acquisition of a prepared-meals company by a national grocery chain as supermarkets scramble to keep shoppers coming to their stores.

 SunEdison Seeks $21 Million Sale of Texas Industrial Site to Corning 

SunEdison Inc. has requested bankruptcy court permission to sell nearly 700,000 square feet of industrial space in Texas to Corning Research & Development Corp., a major supplier of glass for Apple Inc.'s iPhones.

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